How did a Gold Foil Dallan more than triple in price of All-Time Lows?
None of this article is financial/investment/legal advice, it contains a strategic valuation analysis of speculative assets that can be subject to market fluctuations. You are suggested to seek out a Registered Investment Advisor (RIA) for all investments and the author is not an RIA. Splinterlands' Terms of Service identifies Splinterlands/Steem Monsters as not being an Investment Company. As defined by the U.S. Code of Federal Regulations, Steem Monsters (the parent company of Splinterlands) and the Decentralized Autonomous Organization (DAO) that was published by Steem Monsters can be argued to rise to the definition of being classified as Financial Institutions in the United States. This is a duty to warn and inform given that the actions to be described regard the valuation of assets and speculation of events to take place.
Price movement on Gold Foil Summoners is not actually uniform in direction, there has been upward movement and downward movement happening at one time. It's astounding to see in these overall market conditions surrounding Splinterlands, but it makes a more interesting article and it also feels less dreary.
Kelya Frendul is at All-Time Lows
$8.682 is the low price for a Kelya Frendul, which is simply incredible when considering that it was $15 at the Christmas lull and that was the time when cryptocurrencies were seemingly at their lowest. It also was a month off from the layoff, which created some negative feelings.
$9 is now a resistance point and $8.20 is the bid price, which means that the price could fall further.
Dallan and Ilthain Steal the Show
Remember when Dallan was $10? It's now $34.50. My how things have changed. Dallan actually spiked up to $42.61 two days ago. What a difference a day makes.
Ilthain has always been a star of the Riftwatchers set, but it has done something that is rather impressive in the card market. The Gold Foil Ilthain is now more expensive than the Gold Foil Zintar Mortalis and Gold Foil Malric Inferno. This is really happening, a Riftwatchers Gold Foil summoner outpacing Beta summoners.
Not the Grandmaster of His Own Domain
Grandmaster Rathe is at All-Time Lows. There's a possibility that Ilthain could overtake Grandmaster Rathe in price. What an intriguing development that would be? It has been a steady decline for Grandmaster Rathe over the past three months.
Tarsa is in the Under $4 Club
Gold Foil Tarsa fell below $4 per BCX ($3.928). It should eventually fall below $4 on a per card basis much like General Sloan. Right now, there are some motivated sellers looking to offload card assets and the prices keep falling.